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J f statistical e d e r a l R E S E R V E release -JWLa ''•yoR^miEmTTi:- REL^S December 6, 1962 The seasonally adjusted index of department store sales for November is estimated at ll6 per cent of the 1957-59 average. This is a substantial advance from the 110 index of October and is near the record level of 117 established in March and reached again in September. The index for November 1961 was 112. . • 1962 1961 Monthly sales index 1957-59=100 l/ Nov. Oct. Sept. Nov. Adjusted for seasonal variation ell6 110 117 112 Without seasonal adjustment el]9 113 117 134 H.8a WEEKLY DEPARTMENT STORE SALES Federal Reserve -10 - 5 - 5 - 4 - 4 + 5 - 1 - 3 + 3 0 + l + 3 0 r+ 4 3 r- 3 - 3 r+ 7 + 6 + 3 + 5 + 5 + 2 r+ 3 - 9 r+11 + 3 r+ 1 - 2 r+ 2 s U. S. Total 1 liinneapolis' Kansas City Dallas San Francisco i Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis 1 District Percentage change from corresponding periods a year age (Based on retail dollar amounts) Four weeks Jan. 1 One week ending to ending Dec. 1|Nov. Dec. 1 * Dec. 1 +24 r+ 2 + 1 - 6 + 9 +14 + 5 - 4 + + + + + + 4 2 2 8 0 + 3 - 3 + 5 + 5 + 2 1 2 1 3 1 9 3 1 + + + + 2 4 3 2 + + + + 3 6 6 4 + 3 + 2 0 + 5 + + + + 2 2 5 6 + 2 + 4 + + + - 2 8 5 4 , U. S. weekly sales indUx, without seasonal adjustment, 1957-59=100 1962 Nov. Nov. Nov. Nov. Dec. 1961 3 117 10 125 17 136 24 rl37 1 168 Nov. Nov. Nov. Nov. Dec. 4 11 18 25 2 111 122 130 134 171 .1960 Nov. Nov. Nov. Nov. Dec. 1/ 5 12 19 26 3 108 117 123 125 167 r—Revised ~ e—Estimated l/ Ilonthly and weekly indexes of department store sales have been revised. For description of revision of monthly indexes see Federal Reserve Bulletin for July 19"2. A description of revision of weekly indexes appears in Bulletin for August It'62. Monthly indexes refer to daily average sales in calendar month. November figure estimated from weekly sales. Weekly indexes at the district and city levels are published by several of the Federal Reserve Banks. 5t